December 14th Committee on Design Meeting
-587 apartments
-339 parking about a .57-.58 ration
August 21st Community Meeting
-Crescent Heights are now the owners of the land as of 4-5 months ago
-440 parking 101 additional parking about a .74-.75 parking ratio
-53 floors
-
615' (currently)
-First residential units at level 2
-Top amenity deck on 44th floor
-Financing a challenge right now… Get projects approved
-20% ARO on sites
-shovel in the ground perhaps about 12 months away.
-$5.3 million Neighborhood opportunity bonus
-Micro units of about 450 sq ft unto 3-bedrooms
-About 5,000 sq ft of commercial space
-About $300,000,000 cost for the project
-About $4,000,000 annually in tax revenue
There was some grumbling about height from neighbors to the north. Brunette said he'd have the developers take a look. IDK, this one may take a slight haircut.